USDT Used in Illegal Gold Transactions in Venezuela, Organized Crime Watchdog Analyzes

2026/03/13 13:16 (Updated 2026/03/13 17:01)

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Written by K.Kobayashi

USDT Used in Illegal Gold Transactions in Venezuela, Organized Crime Watchdog Analyzes

Highlighting the Use of USDT

The nonprofit organization 'Global Initiative Against Transnational Organized Crime (GI-TOC)' reported on the 10th that the stablecoin 'USDT' is being used for settlements in some illegal gold transactions in the Amazon River basin. GI-TOC noted that this fact underscores the growing role of cryptocurrencies in evading sanctions and laundering gold.

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Iolite Vol.18

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MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30